About This Home
This 2-bedroom, 1-bathroom single family at 1574 LELAND St in Memphis, TN is listed for $70,000 ($73 per sqft). Built in 1950, the home offers 956 sqft of living space on a 0.23 acres lot.
Key Features
- Built in 1950
- 0.23 acre lot
Property Details
Investor Opportunity!!! Calling all cash buyers, landlords, and investors! This 2-bedroom, 1-bathroom home offers a great opportunity to add to your portfolio or start investing in the Memphis market. The property needs a little TLC but has strong upside potential and can be rented for $1,200+ per month.
Located in a quiet neighborhood with friendly neighbors and just 10 minutes from Downtown Memphis, this property is well-positioned for long-term rental demand. Bonus: 1574 Leland St can be purchased individually or as a package deal with the neighboring property at 1570 Leland St.
These side-by-side homes can be sold together or separately, giving investors flexibility and the chance to maximize their returns. Don't miss this affordable value-add opportunity in one of the nation's top investment markets. Contact listing agent with any additional questions.
Monthly Cost Estimate
$374/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1574 LELAND St
Memphis, TN 38106
AVERYS RE
Property Details
Parking
Questions & Answers
This 2-bedroom, 1-bathroom single family at 1574 LELAND St is listed at $70,000 ($73/sqft). The estimated monthly payment is $374 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.23 acre lot.
This property is listed by Arlexus Holmes and can be reached at 9014664000.